1. Enterprises can borrow from each other. The people's court shall support the non-governmental loan contracts concluded between legal persons and other organizations and between them for the needs of production and operation, except under the circumstances stipulated by law, if the parties claim that the non-governmental loan contracts are valid.
2. Legal basis: Article 469th of the Civil Code of People's Republic of China (PRC).
The parties may conclude a contract in writing, orally or in other forms.
Written form refers to contracts, letters, telegrams, telexes, faxes and other forms that can tangibly express the contents contained.
A data message that can tangibly express its content through electronic data interchange, e-mail, etc. , and can be retrieved at any time, are considered in writing.
Two. Where to sue for loan contract disputes?
The litigation place of the loan contract dispute is as follows:
1. Disputes over loan contracts shall be under the jurisdiction of the court at the defendant's domicile or the place where the contract is performed;
2. Where the loan is made by bank transfer, if the parties can provide proof of bank transfer, the place where the bank is located may be deemed as the place where the contract is performed. In addition, the location of the lender in the loan contract can be regarded as the place where the contract is performed;
3. If the parties have an agreement on jurisdiction in the collection or loan contract, the agreed place belongs to the defendant's domicile, the place where the contract is performed, the place where the contract is signed, and the plaintiff's domicile, and it does not violate the provisions on hierarchical jurisdiction, the agreement is valid, and the jurisdiction shall be determined from its agreement. Where there is an agreement on the place of signing the contract, the specific place of signing the contract shall be indicated in the contract at the same time, otherwise it shall be deemed that the agreement governing the contract is not clear.